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Feb. 1, 2022, 4:55 p.m. EST

Fortive Corp. stock rises Tuesday, still underperforms market

MarketWatch Automation

Shares of Fortive Corp. (NYS:FTV) inched 0.13% higher to $70.63 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index (S&P:SPX) rising 0.69% to 4,546.54 and the Dow Jones Industrial Average (DOW:DJIA) rising 0.78% to 35,405.24. This was the stock's third consecutive day of gains. Fortive Corp. closed $9.24 below its 52-week high ($79.87), which the company achieved on November 22nd.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as MKS Instruments Inc. (NAS:MKSI) fell 0.22% to $154.99, Mesa Laboratories Inc. (NAS:MLAB) fell 0.81% to $282.04, and LGL Group Inc. (ASE:LGL) rose 1.63% to $10.57. Trading volume (2.7 M) eclipsed its 50-day average volume of 2.1 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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